Allete (ALE) agreed to be acquired and taken private by a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners, in a deal worth roughly $6.2 billion ...

Who’s going to pay for the massive transition away from fossil fuels? In the face of rising global temperatures, companies and governments around the world have for years made pledges to shift ...

DULUTH — Allete, the parent company of Minnesota Power and Superior, Water, Light and Power, announced Monday the company has agreed to be acquired by a partnership between the Canada Pension ...

Power producer Allete Inc. said Monday it agreed to go private for $67 a share in a deal valued at about $6.2 billion including debt with buyers Canada Pension Plan Investment Board and Global ...

(Reuters) -U.S. utility Allete said on Monday that it had agreed a deal with investment firms Global Infrastructure Partners and CPP Investments to be taken private at a $6.2 billion valuation ...

Canada's pension board and a large investment fund have agreed to buy Duluth-based energy company Allete, whose electric utility supplies power to a swath of northeastern Minnesota homes and the ...

(Reuters) -U.S. utility Allete said on Monday that it had agreed a deal with investment firms Global Infrastructure Partners and CPP Investments to be taken private at a $6.2 billion valuation, ...

(Reuters) – Allete said on Monday a partnership led by Canada Pension Plan Investment Board and Global Infrastructure Partners would acquire the U.S. utility for $6.2 billion, including debt. The ...

In 2020 and 2021 Minnesota was adding more public companies than it lost but that turned out to be a short-term trend ...